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13421 87A AVENUE, Surrey

$1,150,000

This 8,479 sqft property in Surrey is a detached single-family home on a lot the new rules make suitable for a multiplex. Surrey follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Surrey's larger lots and lower land prices often lift the number of units that pencil out.

Welcome to 13421 87A Avenue in Surrey's Queen Mary Park neighbourhood. This property offers strong potential on a prime lot 8479 square foot corner lot. The existing 2,132 square foot 6 bedroom 4 bathroom home includes a 3 bedroom basement suite and is in as-is condition, presenting an opportunity to renovate or build new. Close to schools, parks, transit and shopping.

How this price compares

This lot asks $136 per square foot of lot. That is 10% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 202 of 529 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,150,000
Lot size
8,479 sqft
Lot dimensions
65 x 130.36
Frontage
65 ft
Bedrooms
6
Bathrooms
4
Year built
1975
MLS® area
Queen Mary Park Surrey
MLS® number
R3078005

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Listing data via MLS®. Displayed for information only.